US Capital Advisors Comments on Williams Companies Inc’s Q1 2018 Earnings (WMB)

Williams Companies Inc (NYSE:WMB) – Stock analysts at US Capital Advisors increased their Q1 2018 earnings per share (EPS) estimates for shares of Williams Companies in a research note issued to investors on Wednesday. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will post earnings per share of $0.20 for the quarter, up from their previous estimate of $0.16. US Capital Advisors also issued estimates for Williams Companies’ Q2 2018 earnings at $0.18 EPS and FY2019 earnings at $1.05 EPS.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The business’s revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 EPS.

A number of other analysts also recently issued reports on WMB. Wolfe Research started coverage on shares of Williams Companies in a report on Monday, September 25th. They set an “outperform” rating and a $34.00 price target on the stock. Royal Bank of Canada reaffirmed a “buy” rating and set a $36.00 price target on shares of Williams Companies in a report on Monday, October 16th. Morgan Stanley dropped their price target on shares of Williams Companies from $34.00 to $33.00 and set an “overweight” rating on the stock in a report on Friday, November 17th. Credit Suisse Group assumed coverage on shares of Williams Companies in a report on Thursday, January 4th. They set an “outperform” rating and a $36.00 price target on the stock. Finally, Zacks Investment Research downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Williams Companies presently has a consensus rating of “Buy” and an average target price of $34.42.

Shares of Williams Companies (NYSE WMB) opened at $32.30 on Monday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 0.97. The stock has a market cap of $26,700.00, a PE ratio of 56.67, a PEG ratio of 2.71 and a beta of 1.36. Williams Companies has a 1-year low of $26.82 and a 1-year high of $33.43.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Friday, December 8th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend was Thursday, December 7th. Williams Companies’s payout ratio is 210.53%.

In other Williams Companies news, VP Ted T. Timmermans sold 1,500 shares of Williams Companies stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $28.75, for a total transaction of $43,125.00. Following the transaction, the vice president now owns 9,594 shares of the company’s stock, valued at $275,827.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James E. Scheel sold 26,915 shares of Williams Companies stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $33.00, for a total transaction of $888,195.00. The disclosure for this sale can be found here. Company insiders own 0.53% of the company’s stock.

A number of large investors have recently modified their holdings of the business. Nordea Investment Management AB lifted its holdings in Williams Companies by 1.5% during the second quarter. Nordea Investment Management AB now owns 40,300 shares of the pipeline company’s stock valued at $1,220,000 after purchasing an additional 584 shares in the last quarter. Aspen Investment Management Inc lifted its holdings in Williams Companies by 4.7% during the second quarter. Aspen Investment Management Inc now owns 14,743 shares of the pipeline company’s stock valued at $446,000 after purchasing an additional 660 shares in the last quarter. National Asset Management Inc. lifted its holdings in Williams Companies by 7.7% during the second quarter. National Asset Management Inc. now owns 10,182 shares of the pipeline company’s stock valued at $309,000 after purchasing an additional 726 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in Williams Companies by 4.7% during the second quarter. D.A. Davidson & CO. now owns 25,310 shares of the pipeline company’s stock valued at $766,000 after purchasing an additional 1,132 shares in the last quarter. Finally, Thrivent Financial For Lutherans lifted its holdings in Williams Companies by 4.1% during the second quarter. Thrivent Financial For Lutherans now owns 31,560 shares of the pipeline company’s stock valued at $956,000 after purchasing an additional 1,240 shares in the last quarter. 84.62% of the stock is currently owned by institutional investors and hedge funds.

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About Williams Companies

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Earnings History and Estimates for Williams Companies (NYSE:WMB)

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